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3402 Monte Vista DR
About This Property
Offering an estate-like feel while still being intimately connected to this vibrant neighborhood, the home offers four exceptional bedroom suites each with their own ensuite bathroom and walk-in closet; an open concept main level masterfully designed for functionality and flow; a world-class kitchen featuring marble countertops, Thermador and Miehle appliances, a farmhouse kitchen sink, secondary prep sink, coffee bar, walk-in pantry and extensive custom cabinetry; a bar with Sub-Zero wine and beverage refrigerators framing the opposite end of the great room further enhancing the home's standing as an entertainer's dream.
Soaring windows, sliding doors, and vaulted ceilings allow for amazing natural light and indoor-outdoor connectivity. The spectacular backyard features a sparkling 30x16-foot Cody pool with a clean-lined, resort-style aesthetic, sun shelf, bubbler, bench seating, and retractable safety pool cover.
Situated at one of the highest points in Austin, just moments from Mount Bonnell, natural beauty surrounds you on Monte Vista Drive, and you can still be downtown in just 10 minutes. Zoned for Highland Park Elementary, a National Blue Ribbon School.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 21, 2026 | In contract | - | |
| In contract | |||
| May 2, 2026 | Price Decreased |
$3,399,000
↓ $51K
(1.5%) | |
| Price Decreased | |||
| Apr 2, 2026 | Price Decreased |
$3,450,000
↓ $50K
(1.4%) | |
| Price Decreased | |||
| Feb 26, 2026 | Listed by Compass RE Texas, LLC | $3,500,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017